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Emirates Group signs MoU with AP to boost aviation sector

February 08, 2018

thehindubusinessline.com

HYDERABAD, FEBRUARY 8

The Emirates Group signed a Memorandum of Understanding (MoU) today with the Andhra Pradesh Economic Development Board, Government of Andhra Pradesh, to establish a framework for collaboration in the aviation sector.

The MoU was signed by Sheikh Ahmed Bin Saeed Al Maktoum, Chairman and Chief Executive Emirates Airline & Group, and Krishna Kishore, CEO, Andhra Pradesh Economic Development Board (APEDB), according to a statement from APEDB.

Under the terms of the MoU, the Emirates Group and Andhra Pradesh will work together to support the development of the State’s aviation infrastructure by sharing industry expertise and identifying development and investment opportunities.

“The Emirates Group is committed to future investment and expansion in support of India’s 2020 goal to be the world’s third largest aviation market. We recognise that airlines have a major role to play as facilitators of economic and industrial growth, and strategic partnerships such as this are very important to achieve that goal,” said Sheikh Ahmed Bin Saeed Al Maktoum. “Through this agreement, Emirates and flydubai will work closely with APEDB to share expertise, discuss opportunities, enhance and support the growth of the aviation sector in Andhra Pradesh,” he said.

“We are optimistic about the association with the Emirates Group in achieving these goals and have no doubt that the partnership will reap mutual benefits,” said Krishna Kishore.